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Geely chairman says Daimler synergies "no precondition": Bloomberg

Reuters  |  FRANKFURT 

FRANKFURT (Reuters) - Cooperation with Geely [GEELY.UL] will depend on the "desire" of Mercedes-Benz executives and is not a precondition of an investment in German carmaker Daimler , Geely Chairman Li Shufu told Bloomberg news.Li revealed last month he had built up an almost 10 percent stake in Mercedes-Benz maker Daimler, hoping to access electric and self-driving car technology in a move which caught the German carmaker by surprise."How do we generate synergies with them going forward? That will depend on whether they have such a desire. If they do, we'll collaborate with them. If they ...

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First Published: Fri, March 09 2018. 23:39 IST
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